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Updated RecentlyScholars Education Centre vs BigGyan Cloud eLearning Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Scholars Education Centre vs BigGyan Cloud eLearning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $90,000 - $130,000 | $22,222 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | 10% | $6667/year |
| Advertising Fee | 4% | - |
| Year Founded | 1998 | - |
| Year Franchised | 2000 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time experience | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Training available in Ontario | - |
| Support | Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening. | - |
| Marketing | National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support | - |
| Operations | Number of employees needed to run franchised unit: 5 - 12 Absentee ownership of franchise is NOT recommended for the first 24 � 36 months | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About Scholars Education Centre
Scholars Education Centre provides tutoring for students of all ages, in all grades, and all subject areas. We are committed to helping your students achieve Results That Matter and giving our franchisees a framework to achieve personal financial security and independence while doing so.
The effectiveness of our curriculum and educational approach is proven by research while our comprehensive franchise system ensures brand standards are maintained across our network. As a Scholars Education Centre franchise partner, you will have the tools you need to succeed. It’s no accident that Scholars Education Centre has been recognized as one of the very best franchise systems in Canada by the Canadian Franchise Association with it’s 2020 Award of Excellence and that we have been awarded our 5th-consecutive CFA Franchisee’s Choice Award, as voted by our franchisees.
About BigGyan Cloud eLearning
BigGyan, product from iSilkRoute Software Technologies is the first cloud eLearning platform in the world. BigGyan enables education institutes and enterprises to provide eLearning to their students and employees. Some of the features of this platform include multimedia course content, forums, video conference, mobile learning, online Gradebook, attendance, parent portal. What sets BigGyan apart from other eLearning providers is that it is a complete eLearning solution. It has revolutionized eLearning by making eLearning as easy as eMail. As per the brand promise "Education Sexed Up", BigGyan aims to significantly change the way education is delivered. a)The software is licensed to the client at a fixed cost. Thereafter, support is provided under AMC. COST: Rs. 10 lacs b)User accounts are sold to the client in block of 500 accounts. Online Support is inclusive. Minimum user accounts - 500 COST: Rs. 30,000 pm (Rs. 60 per student per month) Franchise - Rs. 3 lakh per annum. 30% share in each sale shall be awarded to BigGyan.